Latest News › Prepare for climate change - and increase your company’s value by 80%
Prepare for climate change - and increase your company’s value by 80%
A company’s preparation, or lack of it, for climate change could make a significant impact on its value, according to a new report out by the Carbon Trust.As well as boosting the value of a company by 80%, an ill prepared company could see their value drop by up to 65%. The report looked into six business sectors and showed that a company that investigates the risks and opportunities that climate change will bring could see their value significantly grow, with the increase worth a total of $7 trillion.
The study, titled “Climate change: a business revolution”, highlighted that the opportunities and risks were caused by changes in consumer behaviour, technology innovation and, the main driver, new regulation.
Duped “the trillion dollar wake up call”, it shows that businesses need to incorporate climate change within their core strategy and investment decisions, and that policy makers need to liaise with business to create a new policy framework in order to move to a low carbon economy.